The Power Of Self Education - Eric Spofford - Ep 493 Full Length

493. Entrepreneurial Requirements Ft. Eric Spofford

In today's episode, Andy & DJ are joined in the studio by entrepreneur Eric Spofford. They discuss Eric's early life and overcoming drug addiction, the journey and what's required to become a successful entrepreneur, and how we can collectively improve America through personal excellence.

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00:00 - Intro
02:11 - Eric's story
05:11 - Entrepreneurs - Are they born or are they built?
06:06 - Eric's story continues
09:20 - The innate vs. developed nature of entrepreneurship
15:06 - Eric's story continues
27:00 - Learning on demand
28:26 - How to value information properly
31:14 - The ultimate skill to get ahead of your competition
33:59 - The value in reading and self-education
34:37 - Relentless pursuit of success and showing up everyday
35:54 - Working harder with more success and more money
37:44 - The real reason why successful and wealthy entrepreneurs keep going
42:59 - Andy's story of getting inspired seeing a Lamborghini when he was a kid
49:02 - The real definition of giving it all
52:09 - The winner's version of hard work - Time, skills and results
54:55 - The importance in the ability to manage stress and solving problems
56:34 - You have to have time under pressure to acclimate yourself to the stress to level up
1:02:38 - The value is in the journey
1:04:32 - Eric's story continues
1:06:33 - How Eric was one step away from meeting the vice president of the United States of America
1:15:36 - Eric's story continues
1:17:24 - 3 most important skills to go from a dug addict to a multi-millionaire
1:20:14 - More information with less utilization
1:22:54 - Working through 2008 recession and how that experience is valuable now
1:24:50 - The correction back to reality
1:26:52 - The rise of the competitive market in America
1:33:28 - Most people avoid the pain
1:35:15 - Looking at the resume of your "coach"
1:37:45 - Building a secure and debt-free brand
1:41:06 - Eric's relationship with his dad
1:43:06 - Why Eric and Andy spend years hiding their wealth
1:46:50 - The Fentanyl crisis in America and Eric's story
1:49:32 - The current situation of the young men in America
1:54:24: The solutions to the problems in America starts with YOU
2:02:36 - Eric's story of how they are skewing the system to keep people addicted and slave to the system
2:09:40 - Why we need regular Americans in the government
2:14:32 - How much wealth can be created in this country if the tax is 10% for everyone
2:15:26 - Personal excellence is the ultimate rebellion
2:22:12 - Closing thoughts